I did some STEEM calculations using my post information from yesterday compared to the new changes that will hopefully be implemented. If anyone has corrections, please feel free to mention it. I am going off of information I was able to gather online.
STEEM Inflation Amount
- Now: 160% (but supposed to taper off at 110%) [source]
- November 16th Fork: 9.5%
Difference: 16.84 times or 150.5% less inflation! (according to 160% figure)
Daily STEEM Creation Amount
- Now: 400 STEEM per minute, or 576,000 STEEM per day [source]
- November 16th Fork: 38 STEEM per minute, or 54,720 STEEM per day
Difference: 10.52 times less STEEM created each day. Much less inflation and devaluation.
Author and Curator Reward Pool
- Now: 5% of daily inflation quantity (28,800 STEEM per day)
- November 16th Fork: 75% of daily inflation quantity (41,040 STEEM per day)
Difference: 1.425 times or 12,240 MORE rewards for Steemit authors and curators each day!
SteemPower Shareholder Dividend/Interest Pool
- Now: 90% of daily inflation quantity (518,400 STEEM per day)
- November 16th Fork: 15% of daily inflation quantity (8,208 STEEM per day)
Difference: 63.15 times or 510,192 LESS STEEM being redistributed to SP holders.
Witness Total Pool/Pay
- Now: 5% of daily inflation quantity (28,800 STEEM per day)
- November 16th Fork: 10% of daily inflation quantity (5,472 STEEM per day)
Difference: 5.26 times or 23,328 less STEEM for the witnesses each day.
The big winner is: us, the overall community of content creators and curators, those who make the Steemit blog community what it is.
Some of us do see resistence from the existing people who gain from the current functionality, vs. what they will "lose" in the new changes. We need to rally against those who reject what is best for Steemit, and press forward to get corrections implemented on Steemit.
Full Steem ahead!
Peace.
@krnel
2016-11-05, 4:26pm